How much do I have to pay?

The amount of the Nursing Home Support Scheme cost of care that you have to pay is based on your income and assets.  

• The standard payment for a single individual is 80% of your income paid weekly or monthly, and 7.5% of the value of your assets less an allowance of €36,000 is paid per year.  

• For couples, it is just half the amount: 40% of income paid and 3.75% of the value of your assets less an allowance of €72,000 paid yearly.  

Income includes all kinds of income, rental income, (rent of the home is exempt), pensions, dividends or interest. Assets include savings, investments. Prize bonds, the family home, land, other properties, farms, and businesses and any assets transferred within 5 years of making the application.  

The home is only chargeable for the first three years in care as are farms and businesses in certain circumstances if they qualify for the Successor. Managing your finances is a big part of the application process. Our Nursing Homes Support Scheme Guide can come in handy to supply you with vital know-how.